At a Glance
- Tasks: Manage loan transactions, write credit papers, and build relationships with stakeholders.
- Company: Join a dynamic lender focused on bridging and development finance for SME developers.
- Benefits: Enjoy a competitive salary, annual bonus, and hybrid working options.
- Why this job: Be part of a supportive team that values service excellence and career growth.
- Qualifications: Experience in underwriting, strong knowledge of credit policies, and excellent communication skills required.
- Other info: Ideal for those with backgrounds as Loan Officers, Credit Analysts, or Financial Analysts.
The predicted salary is between 43000 - 67000 £ per year.
Are you an experienced Development Finance Underwriter looking for an exciting new challenge? Our client, a dynamic and fast-growing lender based in Borehamwood, is seeking a detail-oriented professional to join their team. The company specialises in providing bridging and development finance to SME developers, with a strong focus on customer relationships and service excellence. This role offers a competitive salary of £50,000 - £60,000 per year, along with an annual bonus. Enjoy the flexibility of hybrid working and take advantage of career development opportunities in a supportive and fast-paced environment.
Our client is a leading lender dedicated to serving SME developers with bridging and development finance solutions. They pride themselves on maintaining strong relationships with borrowers, brokers, and funding partners, ensuring a high standard of service and credit performance.
As a Development Finance Underwriter, you will:
- Manage and progress loan transactions from start to finish, ensuring compliance with company policies and regulations.
- Oversee assigned loan transactions, prioritising effectively to meet proposed completion dates.
- Write and present detailed credit papers to the Credit Committee.
- Maintain accurate documentation and reports for assigned loans.
- Build and maintain strong relationships with borrowers, brokers, and other stakeholders.
- Review third-party documentation and ensure company interests are protected.
- Collaborate with internal teams to maintain the integrity of the loan book.
Package and Benefits:
The Development Finance Underwriter role comes with a comprehensive package, including:
- Annual salary of £50,000 - £60,000
- Annual bonus
- Hybrid working options
- Career development opportunities
The ideal Development Finance Underwriter will have:
- Proven experience in underwriting, preferably in property or financial services.
- Strong knowledge of credit policies, regulations, and risk management.
- Ability to manage multiple tasks and deadlines with attention to detail.
- Excellent communication and relationship-building skills.
- A proactive approach to problem-solving and decision-making.
- Strong teamwork skills and the ability to work collaboratively.
If you have experience as a Loan Officer, Credit Analyst, Mortgage Underwriter, Risk Manager, or Financial Analyst, you might find this Development Finance Underwriter role to be a perfect fit for your skills and career aspirations. If you're ready to take on a new challenge and contribute to a forward-thinking company, this Development Finance Underwriter position could be the perfect opportunity for you. Apply today to join a growing team where your expertise will make a real impact.
Development Finance Underwriter employer: Fintelligent Search
Contact Detail:
Fintelligent Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Development Finance Underwriter
✨Tip Number 1
Familiarise yourself with the specific lending products and services offered by our client. Understanding their approach to bridging and development finance will help you tailor your conversations and demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the property and financial services sectors. Attend industry events or join relevant online forums to connect with potential colleagues or mentors who can provide insights into the company culture and expectations.
✨Tip Number 3
Prepare to discuss your experience with credit policies and risk management in detail. Be ready to share specific examples of how you've successfully managed loan transactions and built relationships with stakeholders in previous roles.
✨Tip Number 4
Showcase your problem-solving skills during any interviews. Think of scenarios where you've had to make quick decisions or overcome challenges in underwriting, as this will highlight your proactive approach and ability to thrive in a fast-paced environment.
We think you need these skills to ace Development Finance Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in property or financial services. Emphasise your knowledge of credit policies and risk management to align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience in managing loan transactions and building relationships with stakeholders, as these are key aspects of the position.
Highlight Relevant Skills: In your application, focus on skills such as attention to detail, communication, and teamwork. Provide specific examples of how you've successfully managed multiple tasks and deadlines in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Development Finance Underwriter.
How to prepare for a job interview at Fintelligent Search
✨Showcase Your Underwriting Experience
Be prepared to discuss your previous experience in underwriting, particularly in property or financial services. Highlight specific examples of loan transactions you have managed and how you ensured compliance with policies and regulations.
✨Demonstrate Relationship-Building Skills
Since the role emphasises strong relationships with borrowers and brokers, come equipped with examples of how you've successfully built and maintained these relationships in your past roles. This will show your potential employer that you understand the importance of customer service.
✨Prepare for Technical Questions
Expect questions related to credit policies, risk management, and regulatory compliance. Brush up on relevant regulations and be ready to discuss how you would approach various underwriting scenarios to demonstrate your expertise.
✨Exhibit Problem-Solving Abilities
The company values a proactive approach to problem-solving. Prepare to share instances where you faced challenges in your underwriting process and how you resolved them effectively, showcasing your decision-making skills.